NEW JERSEY—With the recent completion of two leases, Summit Executive Center, a partnership of industry veteran Mark Yeager and Normandy Real Estate Partners, is 100 percent occupied. The 65,000-sq.-ft. office building was completed just three months ago.
New leases at the property include:
• 9,000 sq. ft. for Merrill Lynch Wealth Management, which is relocating from another location in Summit. The firm was represented by Cushman & Wakefield Transaction Regional Director Thomas Hansen, and Executive Director Christopher Kinum.
• 3,500 sq. ft. for Amlin plc, a U.K.-based specialist insurance and reinsurance underwriting group. It is the firm’s first New Jersey office.
In both transactions, property ownership was represented by CBRE.
Additional tenants at the center include Pennant Capital Management LLC and Callan Associates, among others.